Code of Alabama - Title 10A: Alabama Business and Nonprofit Entities Code - Section 10A-20-7.12 - Credit of state not to be pledged

Section 10A-20-7.12 - Credit of state not to be pledged.

Under no circumstances shall the credit of the state be pledged to any corporation organized under this article.

(Acts 1969, No. 322, p. 681, §16; §10-4-141; amended and renumbered by Act 2009-513, p. 967, §336.)

Last modified: May 3, 2021